West China Cement (OTCMKTS:WCHNF) Stock Price Up 73.6% – Should You Buy?

West China Cement Limited (OTCMKTS:WCHNFGet Free Report) was up 73.6% during mid-day trading on Thursday . The company traded as high as $0.40 and last traded at $0.40. Approximately 3,300 shares were traded during trading, an increase of 5% from the average daily volume of 3,133 shares. The stock had previously closed at $0.2304.

Analyst Ratings Changes

Separately, The Goldman Sachs Group cut shares of West China Cement to a “sell” rating in a report on Thursday, August 28th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Read Our Latest Stock Report on West China Cement

West China Cement Stock Performance

The firm has a 50 day simple moving average of $0.31 and a 200 day simple moving average of $0.23.

About West China Cement

(Get Free Report)

West China Cement Limited, an investment holding company, manufactures and sells cement and cement products in the People's Republic of China. It sells cement under the Yao Bai and Yaobaishuini names. The company's products are used in the construction of infrastructure projects, such as highways, railways, bridges, hydroelectric power stations, and water conservancy and water transfer projects, as well as housing and social infrastructure projects.

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